DAX Futures Morning Update on 30 May 2019

The DAX Futures is trading at 11,892.50 up with +0.36% percent or +42.30 point. The FTSE 100 Futures is trading at 7,186.50  up with +0.30% percent or +21.50 point. The CAC 40 Futures is trading at 5,222.12  with a loss of -1.70% percent or -90.57 point. The EURO Stoxx 50 Futures trading at 3,308.00 up with +0.30% percent or +10.00 point.

TODAY’S FACTORS AND EVENTS

Reports that China has raised the ante in a bitter trade dispute have rocked global equity markets. Chinese media has reported that China is threatening to curb the supply of rare metals to the U.S. These products are used in the production of items such as cell phones and electric cars, so any interruption in supply could hurt U.S. technology companies. The DAX has fallen sharply on the news, with bank and automakers stocks heading lower. Deutsche Bank (DE:DBKGn) has dropped 1.9%, while Daimler, BMW and Volkswagen (DE:VOWG_p) have declined around 1.0%. May has been a dreadful month for the blue-chip DAX, which has declined 3.6%

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,837.81  with a loss of -1.57% percent or -189.24  point.the FTSE 100 closed at 7,190.53  up with +0.073%percent or +5.23 point. France’s CAC  40 closed at 5,222.12  with a loss of -1.70% percent or -90.57 point.

WORLD MARKETS

For the day the Dow is trading at 25,126.41 with a loss of -0.87%  percent or -221.36 point. The S&P 500 is trading at 2,783.02 with a loss of -0.69% percent or -19.37 point. The Nasdaq Composite is trading at 7,547.31  with a loss of -0.79% percent or -60.04 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,942.53  with a loss of -0.29% percent or -60.84 point. Hong Kong’s Hang Seng is trading at 27,146.49 with a loss of -0.33% percent or -89.22   point. China’s Shanghai Composite is trading at 2,905.81  with a loss of -0.31% percent or -8.89 point. India’s BSE Sensex is trading at 39,809.14  up with +0.78% percent or +307.09 point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 30 May 2019

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Note: If old messages appear, it is due to a software bug. Please click the 'Sort By Newest' Button on below right, then first select Oldest & after that Newest. Latest Message will appear. Sorry for this.